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3000 Royal St
6,493 SF of Retail Space Available in New Orleans, LA 70117
Highlights
- All measurements are approximate/not guaranteed and are to be verified by the tenant. Zoning and Intended Use to be verified by the tenant.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor | 6,493 SF | Negotiable | $35.55 CAD/SF/YR $2.96 CAD/SF/MO $382.66 CAD/m²/YR $31.89 CAD/m²/MO $19,236 CAD/MO $230,826 CAD/YR | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Space is in Excellent Condition
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 3000 Royal St , New Orleans, LA 70117
Property Type | Retail | Gross Leasable Area | 16,784 SF |
Property Subtype | Restaurant | Year Built/Renovated | 1915/2020 |
Property Type | Retail |
Property Subtype | Restaurant |
Gross Leasable Area | 16,784 SF |
Year Built/Renovated | 1915/2020 |
About the Property
SVN | Urban properties is proud to present an outstanding opportunity to lease second generation brewpub space in the heart of the Bywater. Less than a mile from the French Quarter, sandwiched between the popular neighborhoods of St. Claude and the Marigny, lies the historic Bywater neighborhood. The neighborhood is home to a mix of art galleries, cafes and some of the city's most noteworthy restaurants & bars. This area has witnessed incredible rebirth in recent years, with locals and tourists alike immersing themselves in all the history the Bywater has to offer. 3000 Royal St offers approximately 6,493 square feet of recently renovated, turn-key restaurant (fully equipped, open kitchen with walk-in and bar) & brewery (10-barrel system including fermenters and 5, 10-barrel brite tanks with walk-in) space, making it an ideal choice for any restauranteur seeking a presence in the area. The space features high ceilings, roll up doors, ample natural light, and a flexible floor plan, creating an inviting space. Live music is currently allowed for up to three musicians. Notable nearby locations include Bacchanal Fine Wine & Spirits, Bywater Bakery, Pizza Delicious, Paladar 511, Marigny Opera House, Crescent Park, and plenty more! Take advantage of this exceptional opportunity to establish or expand your business in the Bywater neighborhood. Most existing restaurant/brewpub FF&E available for Tenant's use...Tenant to assume all leased FF&E (the dishwashers, the ice maker, etc.) items.
Nearby Major Retailers
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3000 Royal St
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